Funding you earn now, next payment 08:00 UTC+0.0141%/8h= +15.4% APRnext payment +$0.70 per $10,000 · paid last 24h +0.087%
Price spread now: Binance against MEXC−0.016%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$920.920% of the position
Funding, last 7 days+0.622%+$62 on $10k
+Price spread, last 7 days+0.178%+$18 · spread now −0.016%, 7d avg +0.069%
=Funding pays, the price is against you. Binance is 0.085% cheaper against MEXC than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.069%). If the spread goes back, that is −$8 on $10k: about 2.0 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.622% in total) that is about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC GRVT_USDT | 0.1889 | 0.0314 | pay 0.0157% / 4h | 1h 59m | $3.6M | $129K | 20x |
| Short | Binance GRVTUSDT | 0.1889 | 0.0455 | get 0.0227% / 4h | 1h 59m | $5.1M | $2.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $29.53
- Price spread: −0.016% → +0.069%
- −$8.48
- Slippage, 4 orders
- −$74.01
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.96
- Costs to cover
- 0.920%
- Break-even
- 23.8 days
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 8 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 3 min ago | 0.26 bp | 11.9 bp −$12 | 68.1 bp −$681 | 210.3 bp −$21.0K | 657.7 bp −$328.9K |
| Sell Binance live order book, 8 min ago | 2.64 bp | 25.3 bp −$25 | 227.0 bp −$2,270 | doesn't fit | doesn't fit |
GRVT on 14 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GRVT_USDT | +0.0100% | 4h | 0.1888 | −0.069% | $330K | $99K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1891 | +0.085% | $264K | $16K | — | as long as short |
| Bybit GRVTUSDT | +0.0128% | 4h | 0.1891 | +0.101% | $2.8M | $751K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0156% | 4h | 0.1888 | −0.074% | $198K | $763K | 20x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0268% | 4h | 0.1891 | +0.091% | $286K | $146K | 10x | as long as short |
| MEXC GRVT_USDTlong | +0.0314% | 4h | 0.1889 | long leg | $3.6M | $129K | 20x | |
| OKX GRVT-USDT-SWAP | +0.0316% | 4h | 0.1889 | +0.005% | $2.0M | $2.0M | 20x | as long as short |
| edgeX GRVTUSDC | +0.0338% | 4h | 0.1889 | +0.006% | $10K | $282K | 10x | as long as short |
| BloFin GRVT-USDT | +0.0338% | 4h | 0.1889 | 0.000% | $238K | $46K | 20x | as long as short |
| Bitget GRVTUSDT | +0.0404% | 4h | 0.1891 | +0.085% | $668K | $844K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRVT-USDT | +0.0444% | 4h | 0.1890 | +0.037% | — | $1.7M | — | as long as short |
| Binance GRVTUSDTshort | +0.0455% | 4h | 0.1889 | −0.016% | $5.1M | $2.8M | 25x | |
| Extended GRVT-USD | +0.0464% | 1h | 0.1888 | −0.045% | $101K | $324K | 5x | as long as short |
| Aster GRVTUSDT | +0.0615% | 4h | 0.1890 | +0.029% | $23K | $29K | 5x | as long as short |
MEXC GRVT_USDT
Binance GRVTUSDT
Gate GRVT_USDT
Variational Omni GRVT
Bybit GRVTUSDT
KuCoin GRVTUSDTM
GRVT GRVT_USDT_Perp
OKX GRVT-USDT-SWAP
edgeX GRVTUSDC
BloFin GRVT-USDT
Bitget GRVTUSDT
BingX GRVT-USDT
Extended GRVT-USD
Aster GRVTUSDT